»Ê¹ÚÌåÓýapp

In principle there is no objection to depository receipts (DRs) being used in Schedule 3 SAYE option schemes. »Ê¹ÚÌåÓýapp potential difficulty is that the precise detail of the arrangements making up the DRs may vary but generally the holder of the DR will retain the rights attaching to the ownership of the shares, such as voting and rights to receive dividends. »Ê¹ÚÌåÓýapp DR certificate will normally state the responsibilities of the depository bank with respect to the ownership of the shares. It is accepted that DRs may be used provided they retain the rights attaching to the underlying shares and restrictions.